1. GOOG
On 11/06 GOOG brokeout from the bull flag so I got in 6 contracts at 8.
On 11/08 it closed on weakness and my stop loss order triggered. I got out this
trade at 7.7 with $210 loss.
On 11/13 it tried to break out from the small consolidation at 483 area so I got
back the 6 contacts at $7.3. it followed through next day I should have hold
this postion from TA point of view. But fear of dropping back under 480 and
I took the profit at $9.1 with $1019 profit.
It's nearly doubled today. This trade violates my rule of letting profit run.
2. ICE
ICE reported very good earnings but it had a big red bar on 11/09. It should drop further
next day if the market did not like the number. Instead the next two days it went up and
approaching the resistant line so I bought 10 contacts at $4.00. I sold half the next day with
$1703 profit and sold the rest following day with $
2403 . Both trades are very bad since 11/14 is a follow through day and 11/15 is normal pull back
day with light volume. I will not let this happen in the future.
If I should've sold on last friday I would have my first 4 fold profit during my trading time.
3. TZOO
This is a quick in and quick out trade. I only lost $116.
The reason I got in is TOO tried to break out from the blue resistant line but it
failed immiediatly so I got out at once.
4. OIH
I bought 10 put contracts at $1.5 when I noticed two big red bars on 11/16 and sold it the next
at $2.8 with $2520 profit.
5. ATI
On 11/15 when ATI tried to break the small green trend line at $80 I bougth
40 call contracts at two prices: 3.5(20) and 3.9(20). The close price of ATI was weak
that day and it showed no ability to return back up the next day so I got out very quick.
One was 20 contracts at $3.6 and the other was 20 at 3.5 with a loss of $660.
If I did not got out that day My loss would be $6000. So cut loss quick is very
very important If one wants to survive in the market.
All together the above 5 trades I make
Total Long-Term Gain/(Loss): $0
Total Short-Term Gain/(Loss): $6527
Total Commissions/Fees: $487.07
ON 11/17 ATI tried to break out from the small green trendline again I got back
the call contracts again at $3.3. My stop loss is intraday price under $78.30. And
the funny thing was on Friday it dropped to $78.31 and only one penny above my
stop loss order.
I'll add more if it could really break out from the small green line some day.
| Current | Day's | Qty | Price Paid | Total Gain | Market Val | |||
| Price | Gain | $ | % | |||||
| atilp | 2.65 | $1,800.00 | 40 | $3.30 | -$2,669.99 | -20.12% | $10,600.00 | |
| 6,379.28 | $6,379.28 | |||||||
| $1,800.00 | $13,269.99 | -$2,669.99 | -20.12% | $16,979.28 | ||||
